The US technology company Tech Data will create 400 highly qualified jobs in the Catalan capital. Tech Data, which specialises in hardware distribution, will open the new facility in Barcelona’s Zona Franca, an industrial district next to the port. The new Barcelona operations centre will serve the rest of the company’s European plants.
More than thirty Chinese companies and investment agencies have visited Barcelona in search of business opportunities. The Catalan capital is a gateway to the European market for Asian companies, thanks to its sea port, airport, geographic location and a dynamic and well connected economy. In addition, Barcelona is also a leading centre in the Euro-Mediterranean Area.
American multinational Dow Chemical has chosen La Canonja (a town just 10 kilometers away from Tarragona) to locate a new pioneer water technology centre. The Global Water Technology Development Center has cost more than 10 million euros.
Tunisia will benefit from the greatest investment with 73 million euros for the Kairouan factory. Besides, Ciments Molins is aiming to penetrate into the Chinese market with “a small two million euro investment” in prefabricated products, as a start. 87% of the investments will be channeled abroad, specifically in Tunisia, México, Argentina, Uruguay, Bangladesh, and China.
FDI in Catalonia surpassed the 3.9 billion euros mark in 2010. It represents 34% of FDI in Spain and was almost three times higher than 2009 levels. The Catalan Government is currently negotiating 189 projects that could bring in up to 6.5 billion euros to the Catalan economy.
The company will initially invest between 12 and 14 million euros in a logistics centre, with an expansion possibility in the near future. The Chinese multinational company specialising in the tire, rubber and shoe industries chose Barcelona as its base to enter the European and North African markets.
Scott Sage (UK Investor): "Barcelona has been our focal point in Spain". A group of companies from the Catalan capital attended a meeting with investors in the United Kingdom.
According to the new German Chamber of Commerce Managing Director in Spain, the Central European country could promise young Catalans not only training and competitive salaries but also job stability. He also explains which are the obstacles in his view that stop German investments in Spain and Catalonia.
The company will open a centre for industrial automation engineering in Reus. The centre is scheduled to open in 2011 and will employ around 30 qualified professionals.
Catalan President José Montilla visited the Chinese car manufacturer Chery to convince the board to set up its Western European factory in Catalonia. The factory would produce 300,000 cars per year and bring 10,000 new jobs to Catalonia. A task force has been set up, although a final agreement has not been reached.